Doug Kass tweeted that he is selling his E-Trade ETFC position on the rumor that Carl Icahn may be making an activist investment in the company.
At last check, shares of ETFC are up 45 cents to $12.93, a gain of 3.5%.
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Posted In: Long IdeasHedge FundsMovers & ShakersTrading IdeasCarl IcahnDoug KassFinancialsInvestment Banking & Brokerage
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